Chinese steel firms are consolidating and restructuring, industry concentration boosts their bargaining power for raw materials like iron ore

Th12 13, 2023, at 10:30 am
SMM

Both the State Council and the Ministry of Industry have indicated that by 2025, China's top ten steel producers will hold 60-70% of industry capacity.

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SMM • 2 năm trước
Higher industry concentration boosts bargaining power, enhancing negotiation skills in raw material procurement like iron ore, and improving profit distribution along the industry chain
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SMM • 2 năm trước
Mergers and acquisitions in the steel industry in 2023

Chinese steel firms are consolidating and restructuring, industry concentration boosts their bargaining power for raw materials like iron ore

Higher industry concentration boosts bargaining power, enhancing negotiation skills in raw material procurement like iron ore, and improving profit distribution along the industry chain

Mergers and acquisitions in the steel industry in 2023